http://www.ethical-economics.com The Centre for Ethical Economics (Incorporated in the United Kingdom) Fri, 11 Jun 2010 15:25:46 +0000 http://backend.userland.com/rss092 en Pharaoh dreamed: and, behold, he stood by the river. And, behold, there came up out of the river seven well favoured kine and fatfleshed; and they fed in a meadow. And, behold, seven other kine came up after them out of the river, ill favoured and leanfleshed; and stood by ... http://www.ethical-economics.com/?p=24 It appears to be widely accepted that the price of all buildings - and in particular private homes - has been the breaking point setting off the present crisis. This has very simple origins: irresponsible governments and banks who have for popularity and financial reasons let house prices increase much ... http://www.ethical-economics.com/?p=22 For years now this site has been warning of the effects of high house-price inflation. We had thought the crash would be in the 2010s rather than the 2000s. But come it has. Further discussion is on the site. But the resultant depression is causing many un-necessary effects. Are there lessons to ... http://www.ethical-economics.com/?p=23 "God grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference" (Courtesy World Emergency Relief) The pessimist is one who thinks that the human being in inherently incapable of being other than greedy. The optimist ... http://www.ethical-economics.com/?p=21 John Rockefeller is quoted as having stated that "The only question of wealth is, what do you do with it?" As with any such quotes, it would be easy to knock it per se. But that is always unfair, since taken out of context one can all too easily prove anything ... http://www.ethical-economics.com/?p=13 A great deal of practical change has taken place since this was written. Major surgery is required! (2010) There is a large agreement that present controls of macro-economies are (mainly) through the use of one of two mechanisms: the variable use of bank interest rates; and fiscal means. The second seems ... http://www.ethical-economics.com/?p=12 It appears to be generally accepted that it is somehow "good" to make a lot of money by receiving high salaries. Or for the individual or organisation or even state to maximise profit. But is this always or even often correct? The business has to make profits for ... http://www.ethical-economics.com/?p=11 All too often politicians, economists and even worthy committees inform us that the state will not be able to afford to pay pensions in the future. The individual must make his / her own provision. It is argued that this situation has the beneficial effect of making the individual work hard ... http://www.ethical-economics.com/?p=10 (note: this was written in 2003) There appears to be two official American attitudes towards Global warming: the second, wholly laudable, is that alternatives must be found - and quickly - to present global warming producers. After all, when a former American President said that within 10 years ... http://www.ethical-economics.com/?p=9 ... House pricing causing major difficulties has very simple origins: irresponsible governments and banks who have in the past for popularity and financial reasons let house prices rise well above inflation rates. In some parts of the world - for example in Spain and the USA - there is an additional ... http://www.ethical-economics.com/?p=8